StockWatch
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Iron & Steel Products
Regulatory14 Aug 2026, 06:33 pm

Rishabh Digha Steel: No Deviation in IPO Proceeds Use for Q1 FY27

AI Summary

Rishabh Digha Steel & Allied Products Ltd has filed a statement confirming non-applicability of the Statement of Deviation or Variations for the quarter ended June 30, 2026. This is in accordance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company asserts that there have been no deviations or variations in the utilization of funds raised from its Initial Public Offering (IPO). Consequently, the formal statement of deviation is not required for this period.

Key Highlights

  • No deviation reported in IPO proceeds utilization for the quarter.
  • Statement of Deviation or Variations is not applicable.
  • Compliance with SEBI Listing Obligations and Disclosure Requirements.
  • Confirms proper use of public issue funds.